Kiwi’s will complain because Qantas want to take a 22.5% stake in the company but at the same time are prepared to sell out to Singapore Airlines. I know who I would prefer to work for. Kiwis are going to have to come to the realization that they need a large dominant partner in Air New Zealand if it is going to survive.
They major downside of all this is that it is going to mean less competition. Whether it is Qantas or Singapore Airlines there will be less competition in the Australasian market and that isn’t good for the traveling public. Hopefully airlines like Virgin Blue will expand and start operating in more markets to keep the two evil empires honest.